SEC Thailand Opens Public Consultation on Crypto Listing Criteria
Thailand's Securities and Exchange Commission (SEC) is conducting a public consultation to revise criteria for digital asset listings on exchanges, aiming to align regulations with industry developments while ensuring investor protections. The consultation period will last until July 21, 2025. Proposed changes would permit exchanges to list "ready-to-use digital tokens or cryptocurrencies" issued by themselves or related parties. Exchanges must disclose related-party information and implement warning symbols to aid SEC monitoring and prevent insider trading. Issuers of tokens listed prior to the announcement have 90 days to comply with disclosure requirements. This initiative is part of Thailand's strategy to attract international crypto businesses and enhance its status as a regional financial center. The government recently removed capital gains taxes on crypto sales for five years, projecting economic benefits of at least 1 billion baht ($30.7 million). Additionally, pilot programs for crypto tourism payments in Phuket and potential spot Bitcoin ETFs for retail investors are being considered.
